Oriole Resources plc said it expected results during Q3 2022 of 1,980 samples from its 90% owned Central Licence Package (CLP) and Bibemi gold projects in Cameroon. CLP The CLP project (3,592km2), located in the centre of Cameroon, comprises eight contiguous licences (five defined as Eastern CLP and three as Western CLP). Oriole completed the […]
Tag: precious metals
Hummingbird starts external audit for Y3 RGMPs
Hummingbird Resources plc said that the external assurance audit had started for the Year 3 World Gold Council (WGC) responsible gold mining principles (RGMPs) requirements. OUTCOME The company began the audit during Q2 2022 as reported in its operations and financial report. Hummingbird added it had a dedicated ESG team and external consultants in place […]
Hummingbird increases Yanfolila production
Hummingbird Resources plc reported a rise in production at Yanfolila gold mine in Mali and further progress at its projects in Guinea and Liberia. INFLATION In its second quarter report for 2022, the company posted production increased 29% from Q1 2022 to 20,013 oz gold (Q1 2022: 15,548oz). All-in sustaining cost (AISC) fell by 17% to […]
Cora Gold increases MRE by 14% for Sanankoro
Cora Gold Ltd announced a total increase of 14% for its revised mineral resource estimate (MRE) at the Sanankoro gold project in southern Mali. MRE The company also reported a 22% increase in oxide indicated mineral resources from 419koz to 509koz. Cora Gold added that the MRE, at a cut-off grade of 0.4 g/t Au, […]
Power Metal finds extensive Tati gold workings-dumps
Power Metal Resources plc said it had found extensive historical gold workings and dumps at its 100% owned Tati gold-nickel project within the prolific Tati Greenstone Belt near Francistown, Botswana. TATI Chief executive Paul Johnson described the initial findings as “extremely positive”. The project covers prospecting licences for gold and nickel mineralisation including PL126/2019, PL127/2019, and the […]
Condor receives £22,916 via warrant exercises
Condor Gold plc received total gross proceeds of £22,916.30 following notices to exercise warrants from CEO and executive chairman Mark Child and another shareholder. The company said it was issuing a total of 91.666 new ordinary shares with a nominal value of 20p each in the capital of the company at an exercise price of […]